Pneumatic Waste Management System In GCC Market Size (2024 - 2029)

The market size for Pneumatic Waste Management Systems in the GCC is projected to experience growth over the forecast period, driven by increasing waste volumes due to population growth and industrialization. This growth is further supported by government investments in sustainability projects aimed at reducing carbon emissions and meeting carbon neutrality goals. The expansion of waste-to-energy projects in the region is a key factor contributing to the market's development, as these projects offer benefits such as greenhouse gas reduction and energy production from waste.

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Market Size of Pneumatic Waste Management System In GCC

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Pneumatic Waste Management System In GCC Summary
Study Period 2020 - 2029
Base Year For Estimation 2023
Market Size (2024) USD 23.80 Million
Market Size (2029) USD 32.78 Million
CAGR (2024 - 2029) 5.47 %
Market Concentration Low

Major Players

Pneumatic Waste Management System In GCC Major Players

*Disclaimer: Major Players sorted in no particular order

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Pneumatic Waste Management System In GCC Market Analysis

The Pneumatic Waste Management System In GCC Market size is estimated at USD 23.80 million in 2024, and is expected to reach USD 32.78 million by 2029, growing at a CAGR of 5.47% during the forecast period (2024-2029).

  • In 2023, as per the new World Bank Gulf Economic Update (GEU), the economies of the Gulf Cooperation Council (GCC) grew at a slower pace in 2023 compared to 2022 due to lower oil and gas earnings and a global economic slowdown.
  • Waste-to-energy projects are witnessing significant growth in the GCC region, as they are paving a way to reduce landfills and produce power in the region. Waste volume in GCC countries is growing sharply with the growing population and industrialization processes. Hence, Gulf country governments are planning to invest in projects to meet sustainability targets and reduce carbon emissions.
  • In addition, waste-to-energy projects boast several benefits, such as reducing greenhouse gases, creating useful energy, and turning waste into energy. Also, 1 ton of waste can generate nearly 550 to 700 kWh of electricity. Moreover, the goals set by Gulf countries to achieve carbon neutrality by 2050 further drive the demand for waste-to-energy projects in the region.
  • Meanwhile, in September 2023, Saudi Arabia's City Cement Company subsidiary, Green Solutions for Environmental Services, planned to set up a joint venture to produce alternative fuel from waste and market it locally and globally. The new venture, with a capital investment of USD 1.8 million, is owned 29.4% by Green Solutions, 19.6% by Lechtenberg Middle East for Environmental Services Co., and 51% by Tadweer Environmental Services Company, a unit of public investment fund-backed Saudi Investment Recycling Company.

Pneumatic Waste Management System In GCC Industry Segmentation

A pneumatic waste system transports waste at high speed through underground pneumatic tubes to a collection station, where it is made compact and sealed in containers. It is a mechanical system for conveying solid waste through transport pipes.

The pneumatic waste management system market is segmented by end user (residential, commercial, industrial, and others) and by country (Saudi Arabia, Qatar, United Arab Emirates, and the Rest of GCC). The report offers market sizes and forecasts in value (USD) for all the above segments.

By End User
Residential
Commercial
Industrial
Other End Users
By Country
Saudi Arabia
Qatar
United Arab Emirates
Rest of GCC
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Pneumatic Waste Management System In GCC Size Summary

The pneumatic waste management system market in the Gulf Cooperation Council (GCC) region is poised for significant growth, driven by increasing urbanization, industrialization, and the need for sustainable waste management solutions. As GCC countries strive to meet sustainability targets and reduce carbon emissions, waste-to-energy projects are gaining traction. These projects not only help in minimizing landfill use but also convert waste into energy, aligning with the region's goals for carbon neutrality by 2050. The demand for advanced waste management systems, such as pneumatic systems, is further fueled by rapid population growth and urban development, particularly in Saudi Arabia, where major cities contribute significantly to waste generation. The market is characterized by the presence of global players like Envac, Stream, and MariMatic, who are actively expanding their operations in the region through strategic partnerships and investments.

In Saudi Arabia, the government's commitment to reducing carbon emissions and its ambitious construction projects, including NEOM and the Red Sea Project, underscore the importance of modern waste management systems. The pneumatic waste collection systems, known for their efficiency and space-saving designs, are becoming increasingly popular as they align with the Kingdom's environmental goals. These systems offer numerous advantages, such as reducing emissions from waste transit and optimizing waste collection processes. The market is witnessing collaborations and investments aimed at enhancing waste sorting and recycling capabilities, further supporting the region's sustainability initiatives. As the GCC continues to focus on smart city developments and sustainable practices, the pneumatic waste management system market is expected to expand, offering innovative solutions to meet the growing waste management challenges.

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Pneumatic Waste Management System In GCC Market Size - Table of Contents

  1. 1. MARKET INSIGHTS

    1. 1.1 Current Market Scenario

    2. 1.2 Technology Advancements in the Market

    3. 1.3 Government Regulations and Initiatives in the Market

    4. 1.4 Spotlight on Transport Rates

    5. 1.5 Value Chain/Supply Chain Analysis

    6. 1.6 Impact on COVID 19 on the Market

  2. 2. MARKET SEGMENTATION

    1. 2.1 By End User

      1. 2.1.1 Residential

      2. 2.1.2 Commercial

      3. 2.1.3 Industrial

      4. 2.1.4 Other End Users

    2. 2.2 By Country

      1. 2.2.1 Saudi Arabia

      2. 2.2.2 Qatar

      3. 2.2.3 United Arab Emirates

      4. 2.2.4 Rest of GCC

Pneumatic Waste Management System In GCC Market Size FAQs

The Pneumatic Waste Management System In GCC Market size is expected to reach USD 23.80 million in 2024 and grow at a CAGR of 5.47% to reach USD 32.78 million by 2029.

In 2024, the Pneumatic Waste Management System In GCC Market size is expected to reach USD 23.80 million.

Pneumatic Waste Management System In GCC Report Snapshots

Pneumatic Waste Management System in GCC - Growth, Trends, and Forecasts (2024-2029)